11th Dec 2018 12:24
LONDON (Alliance News) - Consumer credit services firm Experian PLC said Tuesday that it signed a new five-year revolving credit facility, totalling USD1.95 billion with a group of 13 banks.
The FTSE 100-listed company said that the facility extends the maturity of its committed funding and refinances existing facilities totalling USD2.06 billion due to mature in 2020 and 2021, which have now been cancelled.
Experian explained the "key convenants" of the new facility were unchanged from those it replaces.
Experian shares were trading up 1.2% at 1,869.00 pence each.
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